The crypto world is still too advanced. Now, it's not just a liquidity barometer, but even the play styles have become indicators. Although the crypto world is slowly recovering this week and coinciding with Thanksgiving, there hasn't been much big news, but the traditional futures market has exploded, with silver experiencing an epic short squeeze and CME pulling the plug. Sound familiar? Is it a familiar recipe and taste? There's nothing new under the sun. The crypto world isn't lagging behind traditional markets; rather, it has anticipated and "simulated" all extreme financial situations for the future. The "grassroots" infrastructure and the "Meme" nature of the play styles. This is a trend of convergent evolution in an evolutionary direction, just like dolphins and sharks, which are vastly different species in terms of genetic relationship, but both evolve similar streamlined shapes and tail fin propulsion methods due to similar survival pressures in the ocean. In the same financial domain, the crypto world and the futures market are ultimately similar, but due to the 7*24 trading in the crypto world and the shorter bull and bear cycles, the evolution happens at a faster pace.
The current suspense is: when the market opens next Monday, if traditional funds feel panic due to the CME event, will the overflow of funds rush to grab physical gold, or will it divert some to the crypto world that has been gaining momentum this week?
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The crypto world is still too advanced. Now, it's not just a liquidity barometer, but even the play styles have become indicators. Although the crypto world is slowly recovering this week and coinciding with Thanksgiving, there hasn't been much big news, but the traditional futures market has exploded, with silver experiencing an epic short squeeze and CME pulling the plug. Sound familiar? Is it a familiar recipe and taste? There's nothing new under the sun. The crypto world isn't lagging behind traditional markets; rather, it has anticipated and "simulated" all extreme financial situations for the future. The "grassroots" infrastructure and the "Meme" nature of the play styles. This is a trend of convergent evolution in an evolutionary direction, just like dolphins and sharks, which are vastly different species in terms of genetic relationship, but both evolve similar streamlined shapes and tail fin propulsion methods due to similar survival pressures in the ocean. In the same financial domain, the crypto world and the futures market are ultimately similar, but due to the 7*24 trading in the crypto world and the shorter bull and bear cycles, the evolution happens at a faster pace.
The current suspense is: when the market opens next Monday, if traditional funds feel panic due to the CME event, will the overflow of funds rush to grab physical gold, or will it divert some to the crypto world that has been gaining momentum this week?